The International Council of Shopping Centers reported that chain store sales nudged up another 0.2% last week after the 0.1% uptick during the prior period. The level of sales early this month was even with the June average after [...]
Introducing
Tom Moeller
in:Our Authors
Prior to joining Haver Analytics in 2000, Mr. Moeller worked as the Economist at Chancellor Capital Management from 1985 to 1999. There, he developed comprehensive economic forecasts and interpreted economic data for equity and fixed income portfolio managers. Also at Chancellor, Mr. Moeller worked as an equity analyst and was responsible for researching and rating companies in the economically sensitive automobile and housing industries for investment in Chancellor’s equity portfolio. Prior to joining Chancellor, Mr. Moeller was an Economist at Citibank from 1979 to 1984. He also analyzed pricing behavior in the metals industry for the Council on Wage and Price Stability in Washington, D.C. In 1999, Mr. Moeller received the award for most accurate forecast from the Forecasters' Club of New York. From 1990 to 1992 he was President of the New York Association for Business Economists. Mr. Moeller earned an M.B.A. in Finance from Fordham University, where he graduated in 1987. He holds a Bachelor of Arts in Economics from George Washington University.
Publications by Tom Moeller
Global| Jul 08 2008U.S. Chain Store Sales Nudged Up
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 08 2008
U.S. Pending Home Sales Reversed Most of the April Improvement
The National Association of Realtors reported that the level of pending sales of existing homes in May fell by 4.7% and reversed most of the 7.1% April gain. That was upwardly revised. The decline exceeded Consensus expectations for a [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 08 2008
U.S. Gasoline Price Reached $4.10 per Gallon
The retail price for a gallon of regular gasoline ticked up one penny last week to $4.11 per gallon, according to the U.S. Department of Energy survey. For all grades of gasoline the average price also rose two cents to an average [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 08 2008
U.S. Small Business Optimism Stable, Near 1975 Low
Small business optimism, according to the National Federation of Independent Business (NFIB), was about unchanged in June but, at 88.2, the index remained near the lowest level since January 1975, its second lowest level on record. [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 08 2008
U.S. Small Business Optimism Stable, Near 1975 Low
Small business optimism, according to the National Federation of Independent Business (NFIB), was about unchanged in June but, at 88.2, the index remained near the lowest level since January 1975, its second lowest level on record. [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 07 2008
U.S. Gasoline Prices Up - Driving Down
Perhaps 2.2% doesn't sound like much, but as a measure of the degree motor vehicle miles driven in the U.S.has fallen, it continues an unprecedented decline in demand. That follows an inexorable rise in vehicle miles driven. Just [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 07 2008
U.S. Gasoline Prices Up - Driving Down
Perhaps 2.2% doesn't sound like much, but as a measure of the degree motor vehicle miles driven in the U.S.has fallen, it continues an unprecedented decline in demand. That follows an inexorable rise in vehicle miles driven. Just [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 03 2008
U.S. Initial Claims for Unemployment Insurance Surged
Initial claims for unemployment insurance last week surged to 404,000 versus an upwardly revised 388,000 during the prior week. Consensus expectations had been for 385,000 claims. A claims level below 400,000 typically has been [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 03 2008
U.S. ISM Non-Manufacturing Index Lowest Since January, Pricing Power Surged
In June, the Composite Index for the non-manufacturing sector from the Institute for Supply Management fell to its lowest level since this past January. At 48.2, the index fell from 51.7. Consensus expectations had been for a higher [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 03 2008
U.S. Payrolls Fell for Sixth Month, Jobless Rate Stable at 5.5%
The Bureau of Labor Statistics reported that nonfarm payrolls fell 62,000 in June. While the decline was in-line with expectations, it was the sixth consecutive monthly drop and it brought the total loss of jobs this year to 438,000. [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 03 2008
U.S. Payrolls Fell for Sixth Month, Jobless Rate Stable at 5.5%
The Bureau of Labor Statistics reported that nonfarm payrolls fell 62,000 in June. While the decline was in-line with expectations, it was the sixth consecutive monthly drop and it brought the total loss of jobs this year to 438,000. [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jul 02 2008
Challenger Layoffs Fell in June, Trend Up Strongly
Job cut announcements fell 21.0% last month and reversed all of their rise during May, according to the Challenger, Grey & Christmas survey. The three-month rise in layoffs surged, however, to its highest level since early 2006. A [...]
by:Tom Moeller
|in:Economy in Brief
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